CapitaLand Integrated Commercial Trust's CapitaSpring asset. (Photo: REITsWeek)CapitaLand Integrated Commercial Trust's CapitaSpring asset. (Photo: REITsWeek)

CapitaLand Integrated Commercial Trust (CICT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

The disposals came amid the release of retail sales data by the Singapore government, which suggests that spending growth may be slowing down across the island.

CICT is a mixed commercial REIT with a portfolio of retail and office assets across Singapore, Australia and Germany.

Related: Mapletree Pan Asia Commercial Trust sees SGD37 million outflow of institutional funds in December 2022

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.